La Opala - Spreading Its Wings: Nirmal Bang

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Nirmal Bang Report.La Opala RG Ltd.’s last four quarters’ revenue performance has shown a lot of promise after three-four years of under-delivery, in our view. Through this note, we highlight what has changed at La Opala and where the business is headed. While a strong brand equity has played a big role in the company’s growth over the years, we believe that distribution ramp-up could be a game changer for the company. Our channel checks in Mumbai and select markets in North India also support our thesis. La Opala’s retail distribution reach was hovering around 12,000 over the last five years, which suddenly increased to 20,000 outlets in FY22. La Opala’s efforts on expanding the distribution reach and its quality through appointment of dedicated people to head different channels have started to yield the desired results. .Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

La Opala - Spreading Its Wings: Nirmal Bang

La Opala - Spreading Its Wings: Nirmal Bang

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